News
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AllAfrica on MSNKey Changes to Nigeria's Tax Laws and How They Affect YouGDP ratio only recently climbed to 13.5 per cent from roughly 10.8 per cent about three years ago.The Nigerian Tax Act 2025, which became law last Thursday after several months in the works, ...
22h
Legit.ng on MSNOyedele reveals FG's plan to double tax revenues with new laws, lists Nigerians exemptedWhen the conversations were ongoing about the tax reform, the tax committee promised that Nigerians earning N80,00 or less monthly would be excludedNow, the federal government has increased the ...
President Bola Tinubu signed new tax reform legislation that brings remote workers' earnings in Nigeria into the tax bracket, ...
Weekly Trust on MSN1d
Households earning N250,000 shouldn't pay tax - FGThe Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says under the new tax laws, Nigerian households earning N250,000 or less per month should be exempted from ...
Weekly Trust on MSN1d
FISCAL POLICY: VAT remains 7.5%, CIT 30% as Tinubu signs tax reform billsPresident Bola Ahmed Tinubu on Thursday signed the four tax reform bills recently passed by the National Assembly, retaining Value Added Tax (VAT) at 7.5% and the Corporate Income Tax (CIT) at 30% ...
Weekly Trust on MSN1d
FIRS Chair: New tax laws won't be implemented until JanuaryThe Federal Government has disclosed that the implementation of the newly signed four tax fiscal reform laws will commence by January 1st, 2026.Addressing State House correspondents shortly after the ...
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Tribune Online on MSNTax laws: Despite opportunities, Nigerians express mixed feelingsGovernment • A job well-done —AlajeRelief for businesses —OlugbenroPRESIDENT Bola Tinubu, no doubt, made history last week when he appended his signature to the new tax bill, and signed the tax ...
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Tribune Online on MSN…Reforms signal new dawn for inclusive growth, investment in NigeriaFOR decades, Nigeria’s tax system has been widely regarded as overly complex, burdensome for businesses, and inefficient in revenue generation. It discouraged investment and often penalized the poor ...
This bold language underscores the scope of vision driving the Tinubu administration — one that sees governance not merely as an exercise in policy drafting but as a deliberate covenant between ...
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The Punch on MSNTinubu’s local wins post-ECOWAS chairmanshipOn the evening of July 1, 1964, a weary but elated Lyndon B. Johnson walked into his White House residence after a day of frantic vote-counting on Capitol Hill. His political adversaries in the Senate ...
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The Punch on MSNNew tax reforms: Remote workers’ foreign earnings now taxableThe new tax reform acts, which were recently signed into law by President Bola Tinubu, have brought the earnings of remote workers in Nigeria within the tax bracket.Under the new provisions, ...
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